|St. Lucia will soon be home to a new $2.6 billion resort. // Photo by Joe Pike|
Horse racing will soon become a major tourist attraction in St. Lucia, according to several media reports.
Invest Saint Lucia is reporting that St. Lucia Prime Minister Allen Chastanet recently signed a deal for a $2.6 billion resort development to be built on the island, with construction expected to commence by 2017.
Dubbed "The Pearl of the Caribbean," the project is also set to play a lead role in the development of a new horse racing industry in St. Lucia, proving a new tourism and entertainment option for international tourists as well as new employment opportunities for locals, according to the report.
Upon completion, the project will be able to house more than 1,000 racehorses and have the capacity to hold feature racing carnivals, establishing St. Lucia as a racing and entertainment center in the Caribbean and leveraging off the international appeal of the sport to promote St. Lucia to a diverse audience base, according to Invest Saint Lucia.
The 700-acre site to the south of the island will comprise a marina, a racecourse, a resort and shopping mall complex, casino, Free Trade Zone, extensive entertainment and leisure facilities, eco-tourism, as well as architecturally designed villas and apartments, according to the report.